Hubei Zhenhua Chemical Co (SHSE:603067) Receivables Turnover: 1.91 (As of Jun. 2026)

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SHSE:603067 Hubei Zhenhua Chemical Co Ltd SHSE:603067
70 GF Score
Price ¥32.70
GF Value ¥13.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hubei Zhenhua Chemical Co Receivables Turnover?

Hubei Zhenhua Chemical Co SHSE:603067 -3.77% 70 Receivables Turnover is 1.91 as of Jun. 2026. GuruFocus rates SHSE:603067 with a GF Score™ of 70/100 and a GF Value™ of ¥13.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,582 Chemicals companies, Hubei Zhenhua Chemical Co ranks better than 69.91% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Hubei Zhenhua Chemical Co's Revenue for the three months ended in Jun. 2026 was ¥1,611 Mil. Hubei Zhenhua Chemical Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥846 Mil. Hence, Hubei Zhenhua Chemical Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.91.


Hubei Zhenhua Chemical Co  (SHSE:603067) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Hubei Zhenhua Chemical Co Receivables Turnover Related Terms


Hubei Zhenhua Chemical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hubei Zhenhua Chemical Co's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hubei Zhenhua Chemical Co Receivables Turnover Chart

Hubei Zhenhua Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.91 11.22 9.36 9.59 9.12

Hubei Zhenhua Chemical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.02 1.79 2.41 1.85 1.91

SHSE:603067 vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Hubei Zhenhua Chemical Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hubei Zhenhua Chemical Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Zhenhua Chemical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hubei Zhenhua Chemical Co's Receivables Turnover falls into.


SHSE:603067
70GF Score
Hubei Zhenhua Chemical Co Ltd SHSE:603067
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hubei Zhenhua Chemical Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Hubei Zhenhua Chemical Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=4535.584 / ((474.764 + 519.753) / 2 )
=4535.584 / 497.2585
=9.12

Hubei Zhenhua Chemical Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1611.456 / ((770.077 + 921.7) / 2 )
=1611.456 / 845.8885
=1.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.91 mean?
Hubei Zhenhua Chemical Co (SHSE:603067) has a Receivables Turnover of 1.91 as of Jun. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Hubei Zhenhua Chemical Co and its competitors. According to the industry distribution chart, Hubei Zhenhua Chemical Co ranks #476 out of 1582 companies in the Chemicals industry, placing it in the top 30.1%.
Is Hubei Zhenhua Chemical Co's Receivables Turnover too high?
Hubei Zhenhua Chemical Co's current Receivables Turnover is 1.91. The Chemicals industry median Receivables Turnover is 5.76. Hubei Zhenhua Chemical Co's value of 1.91 is 66.8% below this industry median. Based on the distribution chart, Hubei Zhenhua Chemical Co ranks #476 out of 1582 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hubei Zhenhua Chemical Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubei Zhenhua Chemical Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Hubei Zhenhua Chemical Co ranks #476 out of 1582 companies for Receivables Turnover. This puts Hubei Zhenhua Chemical Co in the upper half of its industry. The industry median Receivables Turnover is 5.76. Hubei Zhenhua Chemical Co's value of 1.91 is 66.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.76, based on 1,582 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hubei Zhenhua Chemical Co's current Receivables Turnover of 1.91 is 66.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Hubei Zhenhua Chemical Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubei Zhenhua Chemical Co's current Receivables Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Zhenhua Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hubei Zhenhua Chemical Co (SHSE:603067) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.42, compared to a current price of ¥32.70 — trading 143.7% above its estimated fair value. The current Receivables Turnover is 1.91 and 66.8% below the Chemicals industry median of 5.76. Hubei Zhenhua Chemical Co's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Hubei Zhenhua Chemical Co (SHSE:603067), the current Receivables Turnover is 1.91 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hubei Zhenhua Chemical Co (SHSE:603067) Overvalued in 2026?

Based on GuruFocus' analysis, Hubei Zhenhua Chemical Co stock appears to be overvalued. The current stock price of ¥32.70 is trading 143.7% above its estimated GF Value™ of ¥13.42. GuruFocus considers Hubei Zhenhua Chemical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603067:

  • Receivables Turnover: 1.91
  • GF Value™: ¥13.42 vs. price of ¥32.70 (143.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 66.8% below the Chemicals median (#476 of 1582)

No single metric tells the full story. See the SHSE:603067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hubei Zhenhua Chemical Co Business Description

Address No.:668, Huangshi Road, Xisaishan District, Huangshi, CHN, 435001
Hubei Zhenhua Chemical Co Ltd is mainly engaged in research and development, production and sales of chromium salt products in China. Its products portfolio includes sodium dichromate, chromic anhydride, crystalline chromic anhydride, liquid chromic anhydride, chrome green, potassium dichromate, basic chromium sulfate, vitamin K3, yuan Ming powder, aluminum hydroxide and other products.
70GF Score

Get the complete analysis for SHSE:603067

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥32.70
Price
¥13.42
GF Value